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$355-$363+ MILLION Dollars! 3 year ban!

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Coach is Back!:

Joe, what do you think your Huntington Beach property would sell for today? What is the tax appraised value? What do you suppose a lender would appraise your house at? Huntington Beach’s median home price today is listed as $1.2 million. Huntington Beach has an average property tax rate of 1.27%. California can raise property assessed value by a maximum of 2% a year. So, if someone has owned their property for decades, their assessed value could be quite low as compared to real market value.

"...critics attacking Stewart are conflating three different types of real estate values. Whether that’s being done through an innocent mistake or a deliberate effort to spread misinformation, we’ll leave it to the reader to decide, but they’re confusing 1) the actual market value of a property, or what someone would be willing to pay for it, 2) the property’s taxable value as assessed by a governmental agency property appraiser, and 3) documentation about a property’s value submitted to a lender for the purposes of securing a loan.

BTW Jon Stewart sold that 6,000 sq ft penthouse with an additional 2,000 sq. ft. of outdoor space for $17.5 million in 2014 or ten years ago.

^^^^^^ ::)


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